Zhejiang University Network Technology: Shareholders holding more than 5% of the shares reduced their holdings by 3.1 million shares, bringing their total shareholding down to 6%.

The announcement from Zhejiang University Network New states that from June 17 to August 6, 2026, the shareholder Zhejiang Network New Group Co., Ltd. will reduce its holdings by 3.1 million shares through centralized bidding, decreasing its shareholding ratio from 6.30% to 6.00%, which triggers an equity change of 1%. This reduction is part of a previously announced plan, and as of the announcement date, the plan has not yet been fully executed. The Network New Group is a non-controlling shareholder and the actual controller, and this equity change does not affect control, governance, share structure, or operations of the company.